Crucial Announcements for the Developer Community

Jaxay Shah,  National Chairman CREDAI The Declaration of Covid 19 as Force Majure, an extension of timelines for completion of project under the RERA, are crucial announcements for the developer community. We are hopeful that the Finance Minister will soon announce other necessary measures by infusion of liquidity, de - cartelization of cement prices, restoration of supply chain to ease construction on the project sites and help uplift the demand by giving more sops to homebuyers by increasing the tax deduction limits for interest on home loans, thus help the sector regain momentum which remains the second-largest employer.